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For more information about TaoTrade Forex Broker company profile, come to WikiBit!

Rating Index
1.43
Regulation
0.00
License
0.00
Software Index
4.00
Risk Control
0.00
Business
6.35

Pros

Well-regulated by CySEC, providing a level of security for traders.
Offers a popular auto-trading platform (Bitcoin Up) with a high claimed win rate, making it accessible for beginners.
Wide range of trading products, including forex, commodities, stocks, and cryptocurrencies.

Cons

High spreads, particularly at 3 pips for major pairs, which may reduce profitability.
Limited leverage options (maximum of 1:40), which could restrict trading strategies for experienced traders.
The brand is undergoing ownership changes, potentially affecting service stability and customer support.